Pensions

Heineken N.V. Monitor

Heineken N.V. Annual Report 2017
CR Monitor Issue: 
2018/0519
Company covered: 
Heineken N.V.
Period End: 
31 December, 2017
Report issued on 22 May 2018 covered the following practice issues:
Pronouncements
Disclosure of impact of new standards issued but not yet adopted including quantification in respect of IFRS 15.
Change
Qualitative description of factors that make up business acquisition goodwill.
Change
Extended disclosure in respect of pension plan assets and obligations.
Change
Enhanced disclosure on fair value hedges includes maturity analysis.
Restatement
Change in segment measure of profit.
Change
Introduction of a reconciliation table showing movements in current interest bearing liabilities excluding bank overdrafts and commercial papers.

Britvic plc Monitor

Britvic plc Annual Report 2017
CR Monitor Issue: 
2018/0509
Company covered: 
Britvic plc
Period End: 
1 October, 2017
Report issued on 08 May 2018 covered the following practice issues:
Pronouncements
Introduction of additional disclosure in relation to the expected impacts of IFRS 15 and IFRS 16 including quantification.
Change
Detailed breakdown of fair value of assets acquired and liabilities assumed following a business combination.
Change
Post balance sheet disclosure in respect of restructuring of manufacturing operations.
Change
Auditors' report includes discussion of director and auditor responsibilities.
Change
Identification of "sustainability and environment" as a principal risk area.
Change
Breakdown of pension assets includes new liability driven investments category.

Senior plc Monitor

Senior plc Annual Report 2017
CR Monitor Issue: 
2018/0416
Company covered: 
Senior plc
Period End: 
31 December, 2017
Report issued on 22 April 2018 covered the following practice issues:
Change
Change in allocation of assets to reporting segments.
Change
Extension of risk disclosures including identification of two new principal risks.
Change
Defined benefit pension risks disclosed.
Change
Extended disclosure of key audit matters including identification of two new areas.
Change
Disclosure of proposed changes to directors remuneration policy.

United Utilities Group PLC Monitor

United Utilities Group PLC Annual Report 2017
CR Monitor Issue: 
2018/0316
Company covered: 
United Utilities Group PLC
Period End: 
31 March, 2017
Report issued on 27 March 2018 covered the following practice issues:
Pronouncements
Disclosure of proposed changes to non-audit services policy.
Pronouncements
Extended disclosure on the future impact of IFRS 9 "Financial instruments".
Pronouncements
Disclosure on the future impact of IFRS 15 "Revenue from contracts with customers".
Pronouncements
Quantified information as to the future impact of IFRS 16 "Leases".
Change
Summarised disclosure in respect of proposed changes in directors' remuneration policy.
Change
Disclosure of derivatives included in pension scheme asset categories.

Royal Mail plc Monitor

Royal Mail plc Annual Report 2017
CR Monitor Issue: 
2018/0311
Company covered: 
Royal Mail plc
Period End: 
26 March, 2017
Report issued on 20 March 2018 covered the following practice issues:
Restatement
Change in segment disclosures to reflect management of resources.
Change
Separate disclosure of material business combination.
Change
Defined benefit pension changes including plan to close scheme to future accrual and recognition of insurance policy.
Change
Tabular disclosure of principal risks extended to include disclosure of new risk factor.
Change
Enhancements of audit report presentation include overview section and use of diagrams.
Change
Alternative performance measures section included in annual report.

Hays plc Monitor

Hays plc Annual Report 2017
CR Monitor Issue: 
2018/0314
Company covered: 
Hays plc
Period End: 
30 June, 2017
Report issued on 20 March 2018 covered the following practice issues:
Pronouncements
Improved disclosures on future impacts of IFRS 16 "Leases" and IFRS 9 "Financial instruments"
Change
Presentation of audit report enhanced by inclusion of overview of audit approach section.
Change
Pension disclosures include reference to IFRIC 14.
Change
Inclusion of additional disclosures on cash pooling arrangements.
Change
Disclosure of proposed amendments to the directors remuneration policy.

Brewin Dolphin Holdings PLC Monitor

Brewin Dolphin Holdings PLC Annual Report Year
CR Monitor Issue: 
2018/0302
Company covered: 
Brewin Dolphin Holdings PLC
Period End: 
30 September, 2017
Report issued on 06 March 2018 covered the following practice issues:
Pronouncements
Non-quantified disclosure of future impacts of new standards IFRS 16, IFRS 15 and IFRS 9.
Change
Enhanced disclosure of risks in respect of defined benefit pension scheme.
Change
Non-disclosure of revenue and profit contribution of acquired entity prior to acquisition.
Change
Tabular disclosure of principal risks extended to include discussion of two new risk areas.

QinetiQ Group plc Monitor

QinetiQ Group plc Annual Report 2017
CR Monitor Issue: 
2018/0110
Company covered: 
QinetiQ Group plc
Period End: 
31 March, 2017
Report issued on 23 January 2018 covered the following practice issues:
Change
Recognition of additional intangible assets following business acquisitions.
Change
Additional pension disclosures linked to IFRIC 14 introduced.
Change
Auditors report presentation enhanced by the inclusion of new information.
New
Annual report section added discussing alternative performance measures.

Redrow plc Monitor

Redrow plc Annual Report 2017
CR Monitor Issue: 
2018/0108
Company covered: 
Redrow plc
Period End: 
30 June, 2017
Report issued on 16 January 2018 covered the following practice issues:
Change
Change in accounting policy in respect of forward land options.
Change
Proposed changes to directors remuneration outlined in directors remuneration report.
Change
Change in presentation of defined benefit pension scheme assumption sensitivity analysis.

NEXT plc Monitor

NEXT plc Annual Report 2017
CR Monitor Issue: 
2017/1009
Company covered: 
NEXT plc
Period End: 
28 January, 2017
Report issued on 24 October 2017 covered the following practice issues:
Pronouncements
Disclosure of future impending impacts of new revenue, financial instruments, and leases standards.
Change
Defined benefit pension disclosures enhanced to include analysis of the expense recognised in other comprehensive income.
Change
Disclosure of defined benefit pension valuation assumptions and related sensitivity analysis extended.
Change
Principal risk disclosures enhanced to consider the possible impacts of Brexit.
Change
Disclosure of proposed changes in directors' remuneration policy.
Change
Enhancement of auditors’ report by inclusion of tabular presentation explaining audit scope.